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Brookline Guides Buyer in Texas Retail Acquisition
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Brookline Fully Leases Retail Redevelopment
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NEW TO MARKET — Lake in the Hills, IL 📍
Shadow-anchored by Lowe’s and Costco. Two national tenants. Fifteen-plus years of tenancy.
280 N Randall Rd is a 6,584 SF, two-tenant net-leased retail asset on the Randall Road corridor — one of the strongest retail spines in the Midwest, carrying 34,100 vehicles a day.
→ $2,999,000 at a 6.75% cap → $202,444 NOI → 100% leased on triple-net terms → Athletico extended through May 2031 with a corporate guarantee → $125,061 average household income within three miles
Athletico has anchored the center since it was built in 2005. Dunkin’ joined in 2008. Both are internet-resistant uses — physical therapy and drive-thru coffee — in a trade area with real household income and established rooftops.
Swipe for the highlights and trade area →
Offering memorandum available. DM us or reach out directly: Dominick Cannata · 630.590.5910 ext 113 · dc@brooklinellc.com Corbin Schwartz · 630.715.7715 · cs@brooklinellc.com
#brooklinerealestate #cre #netlease #nnn #retailinvestment
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Thank you to all of our industry friends on the leasing side that joined us for our 3rd annual Brookline Summer Bash. The weather delayed us a month but we had the best cool summer breeze evening as a back up date.
Always fun to connect with our peers, looking forward to seeing everyone again next year!
#CRE #commercialrealestate #chicagorealestate #brookline
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